ALBUQUERQUE, N.M. (AP) — Some University of New Mexico students will have to pay more per semester now that regents have approved a 2.5 tuition hike and a 10 percent increase in student fees.
The regents voted on the increases during their budget summit Tuesday.
The university's administration had proposed a 3 percent tuition increase, but regents moved to lessen the amount after hearing from faculty and student representatives.
Regents did approve tuition increases for the university's branch campuses, but agreed to a 1.1 percent tuition decrease for medical school students.
The university faced a funding shortfall in the wake of a legislative session that saw state lawmakers trim higher education spending due to evaporating revenues. University officials also are expecting lower enrollment next fall.